ESTC (Elastic NV) Change In Receivables: $-87 Mil (TTM As of Apr. 2026)

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ESTC Elastic NV ESTC
71 GF Score
Price $68.74
GF Value $104.49
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Elastic NV Change In Receivables?

Elastic NV ESTC +4.48% 71 Change In Receivables is $-87 Mil as of Apr. 2026. GuruFocus rates ESTC with a GF Score™ of 71/100 and a GF Value™ of $104.49 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Elastic NV's change in receivables for the quarter that ended in Apr. 2026 was $-107 Mil. It means Elastic NV's Accounts Receivable increased by $107 Mil from Jan. 2026 to Apr. 2026 .

Elastic NV's change in receivables for the fiscal year that ended in Apr. 2026 was $-87 Mil. It means Elastic NV's Accounts Receivable increased by $87 Mil from Apr. 2025 to Apr. 2026 .

Elastic NV's Accounts Receivable for the quarter that ended in Apr. 2026 was $464 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Elastic NV's Days Sales Outstanding for the three months ended in Apr. 2026 was 94.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elastic NV's liquidation value for the three months ended in Apr. 2026 was $-158 Mil.

Elastic NV  (NYSE:ESTC) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Elastic NV's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=464.413/450.681*91
=94.03

2. In Ben Graham's calculation of liquidation value, Elastic NV's accounts receivable are only considered to be worth 75% of book value:

Elastic NV's liquidation value for the quarter that ended in Apr. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1370.262-1876.176+0.75 * 464.413+0.5 * 0
=-158

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Elastic NV Change In Receivables Related Terms

Elastic NV Change In Receivables Historical Data

* Premium members only.

The historical data trend for Elastic NV's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Elastic NV Change In Receivables Chart

Elastic NV Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -62.19 -46.35 -63.52 -48.90 -86.84

Elastic NV Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -100.44 153.98 -38.62 -94.82 -107.39
ESTC
71GF Score
Elastic NV ESTC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Elastic NV Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-87 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-87 Mil mean?
Elastic NV (ESTC) has a Change In Receivables of $-87 Mil as of Apr. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Elastic NV and its competitors.
Is Elastic NV's Change In Receivables too high?
Elastic NV's current Change In Receivables is $-87 Mil. Overall, Elastic NV has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elastic NV's Change In Receivables compare to NAVN and CVLT?
Elastic NV's Change In Receivables of $-87 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Software company?
A good Change In Receivables depends on the Software industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Elastic NV and its competitors. Elastic NV's current Change In Receivables is $-87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastic NV stock overvalued right now?
Based on GuruFocus' analysis, Elastic NV (ESTC) is currently considered Significantly Undervalued. The stock's GF Value™ is $104.49, compared to a current price of $68.74 — trading 34.2% below its estimated fair value. The current Change In Receivables is $-87 Mil. Elastic NV's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Elastic NV (ESTC), the current Change In Receivables is $-87 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elastic NV (ESTC) Overvalued in 2026?

Based on GuruFocus' analysis, Elastic NV stock appears to be undervalued. The current stock price of $68.74 is trading 34.2% below its estimated GF Value™ of $104.49. GuruFocus considers Elastic NV to be Significantly Undervalued.

Key valuation signals for ESTC:

  • Change In Receivables: $-87 Mil
  • GF Value™: $104.49 vs. price of $68.74 (34.2% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the ESTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elastic NV Business Description

Address Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED
Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.
71GF Score

Get the complete analysis for ESTC

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$68.74
Price
$104.49
GF Value